Member Info for T0n1c

"Colin king stated the sovereign test will not be the mologic/visitect test did he not..."

No he did not.
He stated the Vistect antigen test would not be produced for the DHSC contract.

Nothing to say the Mologic test won't be delivered, under either Mologic or NHS brand.

Twatcher, I thought you were a person of facts.
Seems you've moved on to speculating, "obvious explanations"
We could speculate that Mologic are enhancing their test, based on feedback from the validation process.
Sampling methods, variants.. heck they could even be delaying to see what you can come up with on this board.
I'm assuming you're not long on Omega, given you seem to see no positives, ever.

Good morning Regulator.
Interesting months ahead I think.
Omega are sounding/reading extremely positive of late.
Colins Q&A with ShareBuyer
https://www.sharebuyers.co.uk/shares/colin-king-qa-business-growth-confident-as-ever/
Yesterdays tweet
https://twitter.com/OmegaDiagnostic/status/1379067912225488898
It's all coming together, it seems.
The whole DHSC validation is a little frustrating. There has to be news on that soon, surely.

I was referring to your comment of "What a **** thread of nothing!"

I'm actually referencing that the Vatic test will likely not be the chosen test.
With regards to arguing the toss of Mologic vs Avacta.. can't be bothered.
It will be what it will be and ODX will manufacture it.

You really are a funny ol poster. Happy Easter Goldtrig.

great contribution to it though, Goldtrig.

I don't think it's THE test that will be selected.
Colin in réponse to recent questions, via Big Jock;

Q - Whats feelings on how the antigen test market is going to move, in his opinion is it going to go more saliva based.
A - I believe that the market has moved away from saliva due to sensitivity and specificity and focus is now on front of nose Nasal swabs – as less intrusive and accurate.

Not an RNS response, but I think a useful one none the less.

I found this Q&A, from Colin, to be the most bullish I've ever seen/read Colin to be.
You can sense the excitement (as far as I can imagine Colin to be excited) :)
It reads as though he knows that all the hard work and plans set out, less than 12 months ago, are coming to fruition.

It's worth looking back at what has been achieved in less than 12 months, building the foundations for the year, and beyond, ahead;
Grown from ~70 to ~250 employees
Increased LFT production to 2m tests per week
Building expansion associated with both the above
MTA with Mologic
UK-RTC agreement
UK Gov supply contract
ABC-19 antibody test - CE marked
Visitect Triple Antibody test - CE marked
Visitect Antigen test - CE marked
ELISA - Antibody test - CE marked and Lab service put in place
Not forgetting progress on the existing tests;
Food Intolerance test - China growing demand (Chinese partner invested $2m to date on an app), US market update expected
CD4 HIV test - WHO approved - NGO orders pending

What will we hear about next... could be any of the above.
The Covid passports are interesting, with the ABC-19 test being called out in the Mail yesterday.. so next week will be very interesting.

GLA

Not doesn’t do. Hasn’t done.

Never say never.

Happy Easter Twatcher.

depends what rumour you read/heard

*wife to be

Hope you and your wife are having a great day none the less.

She will, of course, expect bigger things as the Omega SP picks up through the course of the year ahead, so just be ready for that.

Morning RegUK... Life without internet... there's a scary thought.
Welcome back.

"They are surescreen tests"

Not if it's a finger prick test as Silles called out. Sounds like it may be the ABC-19 antibody test.

Benny, I think Davde is correct.
When CK refers to Q1, he's referring to the ODX financial calendar, starting in 2 days.
I think April is going to be a floodgate of news.

Yup.. Thanks, again, Big Jock.
Some great answers in there... one of my favourite:

Is Alva currently producing anything, What is it and in what quantity.
"We are producing all the tests"

You cheeky scamp... some might say you're a 'Jester'*

*random movie reference

That's a quality, well thought through and argued, de-ramp H-hi... you make some really valid points.

Why the drop?

It's subtle...
In the title of the article "show proof of jab, negative test or immunity"

Proof of Jab = Vaccine card
Negative test = Antigen test (have you got it)
Immunity = Antibody test (have you had it)

Latest, CE Mark, RNS - By end of April.
"The Company is well on its way to establishing a lateral flow production capacity of approximately 2 million tests per week by the end of April from its Alva facility in Scotland."

Yup, Abingdon is the consortium lead.
For the initial DHSC order, Omega sold the tests @£1.50 a test with margin of "slightly better" than the 50% set out in an earlier investor presentation.